When healthcare facilities use contingent workers, they’re making a smart financial decision. While contingent nursing staff can have higher hourly wages than full-time employees, gone are the additional expenses of recruitment, benefits, bonuses, and more which cause the true cost of full-time workers’ hourly wages to actually be 33% higher.
More workers on staff mean facilities can achieve higher occupancy rates leading to increased revenue and the ability to invest in the future.
By reading this report, you will learn:
• The true costs of filling shifts with full-time RNs, LPNs/LVNs, and nursing assistants vs. contingent staff • Why the post-acute care industry is estimated to have $19.5BN in unrealized revenue (in SNF alone) this year • How increasing staffing levels with contingent staff can improve full-time staff morale and reduce turnover
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